Riddisiddhi bullions limited
ActiveRiddhiSiddhi Bullions Limited (RSBL) is a diversified Indian multi-national multi-commodities trading and manufacturing company. Founded in 1994, RSBL is a leading gold dealer in Mumbai, India, specializing in bullion, gold coins, and precious metals. The company is recognized as India's largest bullion trading company, providing wholesale and retail services and holding the largest variety of bullions and coins across the market. RSBL also facilitates bullion delivery in spot, forwards, and futures markets.
Company Overview
| Category | Company limited by shares |
| Class | Public |
| Sub-Category | Non-government company |
| Listed | Unlisted |
| Age | 30 years, 3 months, 4 days |
| Auth. Capital | ₹42,00,00,000 |
| Paid-Up Capital | ₹11,71,78,520 |
| Last AGM | 30-09-2024 |
| Last Balance Sheet | 31-03-2024 |
Business Activity
| NIC Code | 3691 |
| Sector | Manufacture of jewellery and related articles |
| Division | MANUFACTURE OF FURNITURE; MANUFACTURING N.E.C. |
| Group | Manufacturing n.e.c. |
Profit & Loss (Cr.)
Year-wise financial performance. All values in Indian Rupees Crore (Cr.).
| Financial Year | Paid Up Capital | Net Worth | Total Income | Total Expense | Profit Before Tax | Income Tax | Profit After Tax |
|---|---|---|---|---|---|---|---|
| 2024 | 11.72 | 204.19 | 7245.61 | 7218.76 | 26.84 | 5.96 | 20.89 |
| 2023 | 11.72 | 183.30 | 3502.62 | 3496.60 | 6.01 | 2.08 | 3.94 |
| 2022 | 11.72 | 179.37 | 1550.34 | 1541.48 | 8.86 | 1.22 | 7.64 |
| 2021 | 11.72 | 171.73 | 2681.20 | 2678.94 | 2.26 | 1.72 | 0.54 |
| 2020 | 11.72 | 171.19 | 2003.58 | 2005.04 | -1.46 | 0.92 | -2.38 |
| 2019 | 9.82 | 147.97 | 6170.51 | 6162.96 | 7.55 | 1.54 | 6.00 |
| 2018 | 9.82 | 141.97 | 9491.88 | 9475.57 | 16.31 | 0.97 | 15.34 |
| 2017 | 9.82 | 126.62 | 4794.71 | 4789.33 | 7.18 | 4.87 | 2.31 |
| 2016 | 9.82 | 124.35 | 4808.01 | 4787.89 | 20.12 | 4.06 | 16.06 |
| 2015 | 9.82 | 129.01 | 13647.27 | 13651.39 | -4.12 | 0.00 | -4.12 |
Financial Performance Over the Years
Current Directors & Key Managerial Personnel
Directors currently active in Riddisiddhi bullions limited.
| DIN | Name | Designation | Appointed On | Wealth Segment | Current Directorships |
|---|---|---|---|---|---|
| 07792517 | SANJIV LAXMAN AROLE | Director | 2017-05-02 | – | 2 |
| *****3108J | MUKESH MANEKCHAND KOTHARI | CFO | 2016-09-30 | – | – |
| 00002826 | BHAWARLAL SAREMAL KOTHARI | Director | 2003-09-27 | – | 22 |
| 00230699 | MUKESH MANEKCHAND KOTHARI | Whole-time director | 2016-09-30 | – | 12 |
| 00229996 | PRITHVIRAJ SAREMAL KOTHARI | Managing Director | 2016-09-30 | – | 14 |
| 07966873 | VIDHYA PRAVIN BALOTA | Director | 2021-11-30 | – | 9 |
| *****3896G | HARSHIT MANOJ JAIN | Company Secretary | 2024-08-31 | – | – |
Past Directors & Key Managerial Personnel
Former directors who have ceased their association with Riddisiddhi bullions limited.
| DIN | Name | Designation | Appointed On | Wealth Segment | Cessation Date |
|---|---|---|---|---|---|
| 01332728 | KAILASH MAFATLAL BAFNA | Additional Director | - | – | 2015-12-22 |
| 01332728 | KAILASH MAFATLAL BAFNA | Director | - | – | 2017-10-11 |
| 06609705 | NISHANT TOLCHAND RANKA | Additional Director | - | – | 2018-09-29 |
| 06609705 | NISHANT TOLCHAND RANKA | Director | - | – | 2021-06-05 |
| 07792517 | SANJIV LAXMAN AROLE | Additional Director | - | – | 2017-05-02 |
| 00256669 | LEKHRAJ PARASMALJI KANUNGO | Additional Director | - | – | 2015-03-27 |
| 00256669 | LEKHRAJ PARASMALJI KANUNGO | Director | - | – | 2016-05-24 |
| 00230725 | KETAN BHAWARLAL KOTHARI | Director | - | – | 2007-05-05 |
| 07472941 | BHAVNA BAFNA BAFNA | Additional Director | - | – | 2018-09-29 |
| 07472941 | BHAVNA BAFNA BAFNA | Director | - | – | 2021-06-05 |
| 00230699 | MUKESH MANEKCHAND KOTHARI | Director | - | – | 2016-09-30 |
| 00229996 | PRITHVIRAJ SAREMAL KOTHARI | Director | - | – | 2016-09-30 |
| 02976185 | SANGEETA BISHUN SINGH | Additional Director | - | – | 2015-09-30 |
| 02976185 | SANGEETA BISHUN SINGH | Director | - | – | 2018-03-06 |
| 07966873 | VIDHYA PRAVIN BALOTA | Additional Director | - | – | 2021-11-30 |
Open Charges
| Charge ID | 100265094 |
| Holder | LAKSHMI VILAS BANK LIMITED |
| Amount | ₹50,00,00,000 |
| Created | 08-05-2019 |
| Assets | Term Deposit with Lakshmi Vilas Bank Ltd for 50cr. |
| Charge ID | 100297909 |
| Holder | MUTHOOT EXIM PRIVATE LIMITED |
| Amount | ₹8,65,14,000 |
| Created | 09-10-2019 |
| Assets | Floating charge; Movable property (not being pledge) |
| Charge ID | 100324852 |
| Holder | State Bank of India |
| Amount | ₹25,00,00,000 |
| Created | 09-01-2020 |
| Assets | Term Deposit with State Bank of India of 25 Cr. |
| Charge ID | 100325352 |
| Holder | State Bank of India |
| Amount | ₹25,00,00,000 |
| Created | 29-01-2020 |
| Assets | Term Deposit with State Bank of India of 25 Cr. |
| Charge ID | 101109071 |
| Holder | BAJAJ FINANCE LIMITED |
| Amount | ₹35,00,000 |
| Created | 28-05-2025 |
| Assets | null |
| Charge ID | 101109119 |
| Holder | BAJAJ FINANCE LIMITED |
| Amount | ₹50,00,000 |
| Created | 23-05-2025 |
| Assets | null |
Satisfied Charges
| Charge ID | 10518583 |
| Holder | UNION BANK OF INDIA |
| Amount | ₹20,00,00,000 |
| Created | 26-07-2014 |
| Satisfied | 03-04-2016 |
| Assets | Immovable property or any interest therein |
| Charge ID | 10010183 |
| Holder | UNION BANK OF INDIA |
| Amount | ₹20,00,00,000 |
| Created | 13-07-2006 |
| Satisfied | 03-04-2016 |
| Assets | Immovable property or any interest therein |
| Charge ID | 100265094 |
| Holder | LAKSHMI VILAS BANK LIMITED |
| Amount | ₹50,00,00,000 |
| Created | 08-05-2019 |
| Satisfied | 20-02-2020 |
| Assets | Term Deposit with Lakshmi Vilas Bank Ltd for 50cr. |
Employee Trend (PF)
Monthly EPF contribution data showing employee headcount and wages paid.
| Month | Employee Count | Amount Paid (EPF) |
|---|---|---|
| null | 0 | ₹0 |
About RiddhiSiddhi Bullions Limited (RSBL)
Riddisiddhi bullions limited (CIN: U36912MH1994PLC083644) is a active public company incorporated on 1994-12-09, registered under ROC Mumbai. The company operates in the manufacture of jewellery and related articles sector (NIC Code: 3691).
For financial year 2024, Riddisiddhi bullions limited reported a total income of ₹72,45,60,90,000, placing it in the 500+ Crore INR revenue bracket .
The company has 7 current directors : SANJIV LAXMAN AROLE , MUKESH MANEKCHAND KOTHARI , BHAWARLAL SAREMAL KOTHARI , MUKESH MANEKCHAND KOTHARI , PRITHVIRAJ SAREMAL KOTHARI , VIDHYA PRAVIN BALOTA , HARSHIT MANOJ JAIN . 15 past directors are also on record.
Registered Address: 5/ABC, Floor- 5th, 122, Trishala CHS Shaikh Memon Street, Zaveri Bazar, Kalba, NA, Mumbai, Maharashtra 400002, India